North Dakota Statutes

§ 22-01-01 — Definitions

North Dakota § 22-01-01
JurisdictionNorth Dakota
Title 22Guaranty, Indemnity, and Suretyship
Ch. 22-01Guaranty

This text of North Dakota § 22-01-01 (Definitions) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 22-01-01 (2026).

Text

In this chapter, unless the context or subject matter otherwise requires:

1.A "continuing guaranty" means a guaranty relating to a future liability of the principal under successive transactions which either continue the liability or from time to time renew it after it has been satisfied.
2.A "guaranty" means a promise to answer for the debt, default, or miscarriage of another person.

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Bluebook (online)
North Dakota § 22-01-01, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/22-01-01.